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๐ฐ Justin Sun successfully traveled to orbit aboard Jeff Bezosโ Blue Origin spacecraft.
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After steadily selling off his holdings for years, he suddenly withdrew 13 600 ETH (around $47 million) from exchanges over the past three weeks.
His wallet now holds 59 718 ETH, worth approximately $210 million.
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๐ข Nvidia is currently the most valuable company in the world. However, even its record-breaking market capitalization of $4.2 trillion falls short of the historical peak reached by the Dutch East India Company โ an estimated $10.2 trillion (adjusted for inflation).
It was the worldโs first publicly traded corporation, holding a monopoly on trade with Asia and controlling key commodities such as spices, silk, and porcelain.
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It was the worldโs first publicly traded corporation, holding a monopoly on trade with Asia and controlling key commodities such as spices, silk, and porcelain.
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๐ฅ Strategy acquired 21 021 BTC between July 28 and August 3 at an average price of $117 256, spending a total of $2.46 billion.
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๐ฎ๐ณ Indian investors collectively hold around 1 000 000 BTC (5.1% of total supply), making the country the second-largest holder after the U.S., which leads with approximately 7 800 000 BTC (~40%), including corporate, institutional, and seized assets.
Despite heavy taxation, Bitcoin demand in India remains strong โ driven by a young, tech-savvy population and a large base of long-term retail holders.
There is no official disclosure; the estimates are based on exchange data and blockchain analytics.
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Despite heavy taxation, Bitcoin demand in India remains strong โ driven by a young, tech-savvy population and a large base of long-term retail holders.
There is no official disclosure; the estimates are based on exchange data and blockchain analytics.
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๐บ๐ธ The SEC has simplified accounting for stablecoins in the U.S.
The U.S. Securities and Exchange Commission (SEC) has issued new guidance: some stablecoins can now be treated as cash equivalents.
๐ด Companies can report fully backed stablecoins (like USDC or USDP) on their balance sheets as โcash.โ
๐ด This only applies to U.S. dollar-pegged tokens that are fully backed and redeemable for real dollars.
๐ด The tokens must be non-volatile โ their price should remain stable.
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The U.S. Securities and Exchange Commission (SEC) has issued new guidance: some stablecoins can now be treated as cash equivalents.
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๐ฝ The White House Prepares Executive Order Against โDebankingโ
The Trump administration is working on an executive order to prohibit banks from denying services based on ideological reasons โ such as targeting conservatives, crypto companies, religious organizations, or small businesses. The proposed measures include:
๐ด Oversight by the Department of Justice and financial regulators for each such case.
๐ด Fines and investigations for discriminatory practices.
๐ด Banks will be required to review their denial policies.
๐ด The Small Business Administration (SBA) will assist affected entrepreneurs.
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The Trump administration is working on an executive order to prohibit banks from denying services based on ideological reasons โ such as targeting conservatives, crypto companies, religious organizations, or small businesses. The proposed measures include:
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๐บ๐ฆ In August, the Ukrainian Parliament will consider a bill to legalize the crypto market. It includes:
๐ด Legal protection for crypto holders and exchanges.
๐ด An option to legalize previously acquired assets by declaring them and paying a one-time 10% tax (5% income tax + 5% military levy).
๐ด Those who choose not to legalize risk exposure, as the link between wallets and owners will eventually become clear.
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๐ SharpLink bought an additional 83 561 ETH for $264.5M โ now the company holds 521 939 ETH ($2B) on its balance sheet.
More companies are choosing ETH over BTC: ETH can not only be held but also generate income through staking, unlike BTC, which only profits from price appreciation.
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More companies are choosing ETH over BTC: ETH can not only be held but also generate income through staking, unlike BTC, which only profits from price appreciation.
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๐ฎ๐ฉ Indonesia may include Bitcoin in its national reserves โ the government has already discussed the idea with โleaders of the crypto industry.โ
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๐จ๐ณ Chinaโs Ministry of State Security has issued a warning: the collection of biometric data poses a threat not only to personal privacy but also to national security.
As an example, they mention a foreign project that scans peopleโs irises in exchange for tokens โ almost certainly referring to Worldcoin.
The risks are serious: an iris is as unique as a fingerprint and canโt be โchangedโ if compromised. Leaked data could enable identity theft, biometric hacking, and even espionage.
Authorities urge citizens not to share their biometrics unless absolutely necessary and to report any suspicious initiatives. Worldcoin is already under investigation in several countries.
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As an example, they mention a foreign project that scans peopleโs irises in exchange for tokens โ almost certainly referring to Worldcoin.
The risks are serious: an iris is as unique as a fingerprint and canโt be โchangedโ if compromised. Leaked data could enable identity theft, biometric hacking, and even espionage.
Authorities urge citizens not to share their biometrics unless absolutely necessary and to report any suspicious initiatives. Worldcoin is already under investigation in several countries.
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We're only at the very beginning of a rapid, exponential surge in interest toward this digital asset.
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๐ฐ The DEX PancakeSwap has launched trading for stocks of Apple (AAPL), Amazon (AMZN), and Tesla (TSLA).
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๐จ๐ณ China is testing stablecoins amid growing concerns over capital outflows, as authorities explore new ways to control money movement โ Financial Times
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๐บ๐ธ Donald Trump has announced a 100% tariff on all microchips and semiconductors produced by foreign companies โ with an exception for those based in the United States.
In response, Apple revealed it will manufacture 100% of all iPhone and Apple Watch displays in Kentucky and invest $600 billion in the U.S. over the next four years.
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In response, Apple revealed it will manufacture 100% of all iPhone and Apple Watch displays in Kentucky and invest $600 billion in the U.S. over the next four years.
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The surge in activity was primarily driven by increased transaction volumes involving stablecoins USDC and USDT, as well as heightened usage of the decentralized exchange Uniswap.
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